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September 16.2025
3 Minutes Read

Exploring Iris Finance's $6.2M Seed Funding to Transform CPG Brands' Finances

AI-Powered CFO dashboard for CPG brands with graphs and data charts.

Transforming Financial Management in the CPG Landscape

Iris Finance, a revolutionary platform designed to serve consumer packaged goods (CPG) brands, recently secured $6.2 million in seed funding. This impressive financial backing, which brings its total funding to $9.7 million, comes from notable investors including Glasswing Ventures, Founder Collective, and Hyde Park Angels. The platform aims to serve as the go-to AI-powered CFO for CPG brands, providing essential insights that can reshape business relationships and enhance profitability.

Innovating with AI-Driven Solutions

Founded in 2024 by a dynamic team with robust experience in both entrepreneurship and technology, Iris Finance is raising the bar in financial forecasting. The team includes CEO Drew Fallon, COO Alexander Heckmann, and CTO Marko Iwanik—each of whom brings a wealth of expertise from various industries. Iris Finance's core offering, the Iris DB platform, integrates seamlessly with existing systems like Shopify, Amazon, and Google Ads. This enables brands to gain valuable insights into cash-flow forecasting, profitability tracking, and real-time financial modeling.

Growth in Uncertain Times

Despite the challenges faced by many businesses in tumultuous economic conditions, Iris Finance has experienced astounding growth—reporting a staggering 550% increase in business within a year. The company has even surpassed $1.5 million in revenue. Aiming to bolster its staff, particularly in roles focused on customer success and engineering, Iris Finance plans to leverage its recent funding to expand its client base across the entire supply chain in the CPG sector. As Drew Fallon explains, they wanted to ensure their product could manifest fully and effectively, necessitating the additional investment.

Customer-Centric Approach

Customer engagement forms the cornerstone of Iris Finance's strategy. With about 130 clients, primarily in the beauty and wellness sectors, including well-known names like Jolie and PrettyBoy, the company prioritizes establishing strong relationships and understanding the unique needs of each brand. Charging an average monthly fee of $4,000 allows them to deliver personalized services that drive tangible results for their clients.

The Future of Financial Management

Looking ahead, Iris Finance is poised to evolve continually, with ambitious plans for further funding in the next 18 months. By enhancing its AI capabilities, the team envisions a future where brands can autonomously make informed decisions, transforming the role of traditional financial management. Potential acquisition interest from major players in Enterprise Resource Planning, such as NetSuite and Oracle, indicates the growing significance of innovative financial solutions in today's market.

Why This Matters to You

For conscious consumers and those aged 35 and over, understanding how AI impacts CPG brands is increasingly relevant. As technology weaves deeper into financial management, it not only promises efficiency but also a more responsible and sustainable approach to product offerings. By supporting brands that employ AI tools like Iris Finance, you contribute to an evolving ecosystem that prioritizes transparency and ethical practices in business.

Conclusion

Iris Finance's story is one of innovation, not just in technology but in how we perceive and manage financial health in the CPG industry. As the company continues its journey, staying informed about such developments can empower you to make more conscious decisions as a consumer while promoting a marketplace that values sustainability and progress.

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10.31.2025

Revolutionizing Hemorrhoid Care: Megababe Challenges Legacy Brands

Update A New Era in Hemorrhoid Care: Breaking Taboos When it comes to personal care, especially addressing delicate health issues, many individuals feel embarrassed and hesitant to seek help. But in recent years, a movement has begun to recognize that people shouldn't be ashamed of their bodies—especially when three-quarters of Americans experience hemorrhoids at some point in their lives. Enter . Megababe, a fresh contender in the personal care arena, is pushing boundaries and breathing new life into an often stigmatized subject. Innovative Products with a Fun Twist Under the bold leadership of founder Katie Sturino, Megababe aims to make hemorrhoid care more accessible and less shameful. The brand recently launched "Butt Stuff," a hemorrhoid treatment that cleverly packages effective relief in a chic tube, reminiscent of trendy skincare rather than clinical medicine. Featuring local anesthetic Lidocaine at its maximum over-the-counter strength, Butt Stuff is designed not only to treat but to normalize conversations around hemorrhoid care. The Power of Clever Marketing Unlike the traditional bright-yellow tube filled with serious medical jargon seen in brands like Preparation H, Megababe’s products flaunt playful and attractive designs, creating an inviting appeal. Sturino believes that this branding approach helps eliminate awkwardness, making it easier for consumers to address their needs. "It seemed like one of the last frontiers of things that people are really embarrassed about," she shared regarding hemorrhoids. By creating a welcoming packaging experience, Megababe helps individuals feel more comfortable purchasing and discussing these products. Changing Perceptions: From Shame to Acceptance Sturino’s mission extends beyond merely selling a product; she aims to cultivate a culture of acceptance surrounding bodily issues. In focus groups, more than 40% of participants reported not treating hemorrhoids due to embarrassment. This statistic highlights the need for brands like Megababe to step in and create a supportive environment. By fostering dialogue around taboo topics, they’re setting a precedent for future health-related products. This shift reinforces the idea that taking care of one’s body should never be a point of shame. Emerging Trends in Health and Wellness The growing interest in body positivity and health transparency aligns with broader trends across wellness and clean beauty industries. Conscious consumers, particularly women aged 35 and older, are increasingly looking for products that reflect their values—opting for brands that promote accessibility and understanding. Brands that capitalize on this shift can find significant opportunities for growth. The wellness narrative focuses on self-compassion and proactive care, moving away from stigmas previously associated with personal health. Conclusion: Embrace the Change Megababe’s approach to reinventing hemorrhoid treatment speaks volumes about the changing landscape of health and personal care. By challenging established norms and bringing attention to embarrassing yet prevalent health issues, they are empowering many to seek relief without fear of judgment. As consumers, supporting these innovative brands not only promotes progressive health conversations but also encourages a culture of acceptance in the beauty and wellness industries. So next time you find yourself in need of hemorrhoid care, remember—you have options that are both effective and stylish.

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Discover the New Modern Voice of Fragrance: Who Is Elijah's US Launch

Update Who Is Elijah: A Modern Fragrance Journey From the enchanting world of music festivals to the store shelves of America, Who Is Elijah, an Australian fragrance brand founded by Raquel Bouris, is making waves in the perfume industry. Its journey began at Coachella, where a love for a unique fragrance oil ignited Bouris's dream of creating her own distinctive scents. Fast forward seven years, and the brand is now stepping into the U.S. market through a partnership with Revolve, a retailer synonymous with festival culture. This moment has been nothing short of a dream come true for Bouris, who expressed her elation upon signing the deal, declaring it a significant milestone she had envisioned since launching the brand. Expanding Horizons: Retail and Sales Growth Who Is Elijah is best known for its eight signature fragrances, including the crowd favorites Nomad, Wall Street, Ocean Eyes, and Electric Soul. All of these scents are designed to reflect the essence of modern living, making them perfect companions for adventure-seekers. The brand has experienced impressive financial growth, boasting a 300% increase in annual revenue between 2018 and 2024. Last year alone, sales surged to approximately $13 million as they prepared for this exciting U.S. launch. Strategic Expansion in a Competitive Market While Who Is Elijah finds itself in a rapidly expanding market for fragrances, it's also noted that overall momentum is beginning to slow. According to Circana, prestige fragrance sales saw only a 6% increase compared to the previous year’s 12%. This competitive landscape is headlined by established players like YSL, Chanel, and Valentino, making the entry into American retail particularly challenging. Bouris recognizes the importance of building brand awareness in the U.S. market before pursuing additional retail partnerships over the next year and a half. Building Brand Recognition: The Power of Guerrilla Marketing Bouris has a unique approach to marketing that sets Who Is Elijah apart. With a history rooted in rebellion and independent spirit, she's leveraged guerrilla marketing tactics since her inception, such as hand-delivering samples to influencers like Sofia Richie Grainge to create a buzz. By making fragrances personal and accessible, Bouris engages viewers directly to cultivate authentic brand connections. Crafting a Community: The Ambassador Program To further solidify its presence, Who Is Elijah is focusing on developing an ambassador program. By collaborating with a growing number of content creators, Bouris aims to create a community where enthusiasts are talking about and sharing their experiences with the brand more frequently. This approach also emphasizes diversity, mirroring how each fragrance can resonate differently with individuals. The Future of Fragrance: Commitment to Individuality Looking ahead, Bouris has plans to evolve Who Is Elijah into a full-fledged lifestyle fragrance house, with ambitions to expand beyond scents. The goal is not merely to sell perfumes but to inspire customers to express themselves through fragrances.As Who Is Elijah enters this new phase of growth, it stands as a testament to the power of passion, creativity, and thinking outside the box. In an industry often dominated by tradition, Bouris's journey encourages others to embrace their unique voices, elevating fragrance into an art form that celebrates individuality. In an era where wellness and self-expression are paramount, Who Is Elijah is poised to become a beacon of modern fragrance. Join the movement to discover your own unique scent and find out how it can enrich your identity.

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